Match the Following Terms with Their Definitions

question 56

Multiple Choice

Match the following terms with their definitions.
-Interest

• A)Year times number of times compounded in one year
• B)Twice a year
• C)Stated rate
• D)True rate of interest
• E)Amount calculated on adjusted principal
• F)Periodically interest is calculated and added to principal
• G)Rate divided by number of times compounded per year
• H)Know future amount looking for present
• I)Four times per year
• J)Twelve times per year

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Definitions:

Trademark

A recognizable sign, design, or expression that identifies products or services of a particular source from those of others.

Brand

A distinct symbol, name, design, or a combination of these, that identifies the products or services of a company and differentiates them from rivals.

Patent

A legal document granted by the government to an inventor, giving them the exclusive right to make, use, and sell an invention for a certain number of years.

Trademark

A recognizable sign, design, or expression which identifies products or services of a particular source from those of others, typically secured through legal registration.